Q: Can a new Republican Congress reverse the inflation-increasing act?

[g5000]

I know you're an idiot, but quit pretending to be that big of an idiot. The spending was supposedly because of COVID. Democrats demanded it, and Republicans were too scared to oppose it.

What a total crock of shit. You are a willful liar.

Trump and the GOP CONGRESS began doubling the federal deficit on Day One.

US Debt Is Now $23 Trillion And Climbing

When the GOP took over Congress in January 2015, the federal deficit was $439 billion. They immediately set to work doubling it. Budget deficit smashes $1 trillion mark, the highest in seven years When Trump was sworn in, the federal debt was $19.9 trillion. As of this moment: Trump: I...

www.usmessageboard.com

Read the OP of that topic, liar.


And this was way BEFORE the pandemic, liar:

Deficit Donald's Nation Busting Budget: $4.7 Trillion!!!

Trump proposes $4.7 trillion budget President Trump is releasing a $4.7 trillion budget plan Monday that stands as a sharp challenge to Congress and the Democrats trying to unseat him, the first act in a multi-front struggle that could consume Washington for the next 18 months. $4.7...

www.usmessageboard.com

Once Covid came along, Trump wanted a bigger stimulus than the Democrats!

Trump threatens to not sign COVID-19 bill, wants bigger stimulus checks​

​

Tell us how Trump was afraid of the Democrats again. Cool story, bro.

 

[Lisa558]

First, you have to understand what has caused the inflation, otherwise you can't fix it

So what do you see as the causes?

Don't ask Biden who first said that there is nothing democrats can do to fix inflation, and then in the next breath offer legislation that he says will help fix inflation.

No, all I have to understand is what makes inflation WORSE. Pumping money into an economy with massive supply chain issues and shortages creates even more of an imbalance with too much money chasing too few goods - and worsens inflation.

 

[Harpy Eagle]

Not sure how this works….

Clearly, new spending amidst a high inflation environment is not going to help, and increasing taxes is bad timing as well. Can a newly elected Republican majority reverse this come January 2023?

Only if they can get the POTUS to sign it

 

[g5000]

All I know we are suffering right now. And the party in control is lying big time.

So long as the tard herd keeps blaming the party currently in control, then we will continue to get the politicians we deserve.

This mess was DECADES in the making.

You can see right here in this very topic the tard herd willfully lying about the past events which led up to this.

Inflation began rising when Biden took office, and yet no lying tard has ever been able to explain what magical thing Biden did to make that happen.

The forces which drive inflation don't happen overnight. Nor do the forces which bring it down.

Inflation began rising in concert with the end of the pandemic. And that is because consumer demand rose to record levels, and production capacity was radically decreased because of the shutdown.

Unemployment during the pandemic rose to the highest level in nearly a century. As job and wage growth have been surging, that has also contributed to inflation.

But the dumbfuck lying BDS tards don't have even a middle school grasp of how the economy works.

 

[bripat9643]

The politicians of both parties are too lazy to do the heavy lifting which would actually improve our economy. So they cheated by massively overspending to artificially boost GDP.

The Fed enabled this crap by keeping interest rates artificially low.

Anyone with more than two brain cells could see this would eventually catch up to us.

If you are pissed off about inflation and the debt and want to punch the person responsible, you will find that person in the mirror.

No one ever holds their team accountable for their side's massive overspending. You have always been dead silent about it.

Trying to pin the blame on the current occupant of the White House is exactly what the assholes who are ruining this country want you to do.

Don't be that tard. Wake the fuck up.

The claim that both parties are responsible is prog horseshit. Democrats are 90% responsible. Republicans are responsible only for not saying "no" to Democrats. Democrats are the party you never hold responsible. Defending the asshole in the Whitehouse is what makes it possible for him to get away with this horseshit.

 

[bripat9643]

So long as the tard herd keeps blaming the party currently in control, then we will continue to get the politicians we deserve.

This mess was DECADES in the making.

You can see right here in this very topic the tard herd willfully lying about the past.

Why shouldn't he blame the party currently in control? If they aren't responsible, then who is?

 

[Harpy Eagle]

Why shouldn't he blame the party currently in control? If they aren't responsible, then who is?

Because you did not blame the party in control when your fucking party was spending all the money when they were in control

 

[bripat9643]

We know you will always lie, because you are a tard.

What a giant boatload of horseshit.

We all know you're a prog. You aren't fooling anyone.

 

[Harpy Eagle]

The claim that both parties are responsible is prog horseshit. Democrats are 90% responsible. Republicans are responsible only for not saying "no" to Democrats. Democrats are the party you never hold responsible. Defending the asshole in the Whitehouse is what makes it possible for him to get away with this horseshit.

And this is why we have almost 31 trillion dollars in debt, neither side will hold their side responsible.

You and those like you are the problem.

 

[g5000]

What a giant boatload of horseshit.

We all know you're a prog. You aren't fooling anyone.

Dude, you have been busted wide open in this topic as a liar.

Have you no shame?

 

[g5000]

Why shouldn't he blame the party currently in control? If they aren't responsible, then who is?

Wow. Thank you for admitting your massive ignorance.

When did you hold Trump accountable? He certainly contributed.

Trump added $8 trillion to the debt in half the time it took Obama. He wanted bigger stimulus checks than even the Democrats wanted.

You have to be a very special retard indeed to think our economic problems were caused by something which occurred after January 20, 2021.

 

[busybee01]

Not sure how this works….

Clearly, new spending amidst a high inflation environment is not going to help, and increasing taxes is bad timing as well. Can a newly elected Republican majority reverse this come January 2023?

New spending does not automatically increase inflation. The increased taxes will take money out of economy. Taxes being raised on the super-rich will not harm the economy. A newly elected Republican majority is not a sure thing. Democrats have a strong chance of picking up Senate seats.

 

[g5000]

The claim that both parties are responsible is prog horseshit. Democrats are 90% responsible. Republicans are responsible only for not saying "no" to Democrats. Democrats are the party you never hold responsible. Defending the asshole in the Whitehouse is what makes it possible for him to get away with this horseshit.

 

[busybee01]

Neither Congress nor Biden can do much to reduce inflation. There are some measures they can take which would have a little impact. Such as ending Trump's retarded tariff war. Biden is still keeping it alive.

Only the Fed can have a significant impact on inflation now.

Obama and Trump and their Republican and Democratic Congresses overspent, and that has contributed to inflation. They cannot unspend that money now.

The Fed's ZIRP policy was also a major contributor.

As I've been saying for years, this bullshit pain avoidance by the Fed and our Presidents only pushes the pain down the road and makes future pain inevitable and even greater.

So here we are.

The Fed has little say in it. Inflation has been caused by big businesses out to increase their profit margins. The greatest inflation has been in industries that have the greatest pricing power because there is little competition. Spending by itself does not cause inflation.

 

[bripat9643]

And this is why we have almost 31 trillion dollars in debt, neither side will hold their side responsible.

You and those like you are the problem.

When you start holding Dims responsible, we will start making progress. The press attacks Republicans relentlessly, so when are they going to hold their side responsible?

 

[Votto]

When did you hold Trump accountable? He certainly contributed.

Trump added $8 trillion to the debt in half the time it took Obama. He wanted bigger stimulus checks than even the Democrats wanted.

You have to be a very special retard indeed to think our economic problems were caused by something which occurred after January 20, 2021.

It surprises me that a CNN article admits to many of the factors that are driving inflation

Here's what Joe Biden can -- and can't -- do to fight inflation | CNN Politics

Soaring inflation has become a political liability for President Joe Biden, who has shifted his public message to acknowledging the problem and commiserating with Americans over higher prices.

www.cnn.com

Keep in mind, you can blame all government across the globe for this as this is all self induced.

1. The Covid shut downs across the globe, which lead to shortages that seem never ending now

2. Higher price of fossil fuels also drives inflation, but they leave out the world wide jihad against fossil fuels as being part of the blame for this, shocking, I know

3. A need to push domestic production of fossil fuels. However, Biden and his anti-fossil cult will only give lip service to wanting this and demanding this, meanwhile he holds firm to the climate control agenda.

So as we see, this is not all Joe Biden's fault. In fact, as we speak governments around the world, like Denmark, are preventing farmers from producing crops like they are accustomed to do. Why? Because fertilizer is not carbon free. So there will be even less food to go around, driving prices even higher than they are now.


Meanwhile, the UN reports that close to a billion people will starve to death next year. Putin only helped this as he created even more food and fuel shortages across the globe, so maybe he works for the DNC. LOL.

Also note in the article, it is there to sell Biden's solution to inflation, namely, spending more money

Of course, any economist will tell you that the more you spend the higher inflation goes, so feel free to continue to buy into the lies of the media and democrat party.

 

[CowboyTed]

Why shouldn't he blame the party currently in control? If they aren't responsible, then who is?

Well Trump was the one that pushed for a slashing of Oil Production worldwide...

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

So Trump looks like he caused the Oil supply problem before he left..

 

[bripat9643]

Because you did not blame the party in control when your fucking party was spending all the money when they were in control

The Republicans were only responsible for $1 trillion in additional spending, and that was the price the Dims inflicted for giving Trump his military increases. Dims are responsible for the other $7 trillion.

Who do you think you're fooling?

 

[g5000]

The Fed has little say in it. Inflation has been caused by big businesses out to increase their profit margins. The greatest inflation has been in industries that have the greatest pricing power because there is little competition. Spending by itself does not cause inflation.

The Fed has the MOST say in inflation. They deliberately kept interest rates artificially low to juice the economy.

Now the economy is overheated and so the only way to reduce inflation is to raise interest rates and then return them to the mean.

 

[Harpy Eagle]

When you start holding Dims responsible, we will start making progress. The press attacks Republicans relentlessly, so when are they going to hold their side responsible?

I hold both parties equally responsible as they are both equally responsible. I have never given either side a pass on the out of control spending. Unlike you.